Investment Analysts’ Weekly Ratings Updates for MongoDB (MDB)

Several analysts have recently updated their ratings and price targets for MongoDB (NASDAQ: MDB):

• 3/7/2025 – MongoDB had its price target lowered by analysts at Macquarie from $300.00 to $215.00. They now have a “neutral” rating on the stock.
• 3/6/2025 – MongoDB had its “buy” rating reaffirmed by analysts at Citigroup Inc..
• 3/6/2025 – MongoDB had its price target lowered by analysts at Barclays PLC from $330.00 to $280.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Piper Sandler from $425.00 to $280.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Morgan Stanley from $350.00 to $315.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Oppenheimer Holdings Inc. from $400.00 to $330.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Royal Bank of Canada from $400.00 to $320.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Wedbush from $360.00 to $300.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Robert W. Baird from $390.00 to $300.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – MongoDB was downgraded by analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating. They now have a $225.00 price target on the stock, down previously from $365.00.
• 3/6/2025 – MongoDB had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $390.00 to $335.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Stifel Nicolaus from $425.00 to $340.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Truist Financial Co. from $400.00 to $300.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Bank of America Co. from $420.00 to $286.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Canaccord Genuity Group Inc. from $385.00 to $320.00. They now have a “buy” rating on the stock.
• 3/6/2025 – MongoDB had its price target lowered by analysts at Needham & Company LLC from $415.00 to $270.00. They now have a “buy” rating on the stock.
• 3/5/2025 – MongoDB had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a $240.00 price target on the stock, down previously from $275.00.
• 3/5/2025 – MongoDB is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $344.00 price target on the stock.
• 3/5/2025 – MongoDB was downgraded by analysts at KeyCorp from a “strong-buy” rating to a “hold” rating.
• 3/4/2025 – MongoDB was given a new $350.00 price target on by analysts at UBS Group AG.
• 3/4/2025 – MongoDB had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $350.00 price target on the stock.
• 3/3/2025 – MongoDB was upgraded by analysts at Monness Crespi & Hardt from a “sell” rating to a “neutral” rating.
• 3/3/2025 – MongoDB had its price target lowered by analysts at Loop Capital from $400.00 to $350.00. They now have a “buy” rating on the stock.
• 1/21/2025 – MongoDB had its price target lowered by analysts at Scotiabank from $350.00 to $275.00. They now have a “sector perform” rating on the stock.
• 1/21/2025 – MongoDB is now covered by analysts at China Renaissance. They set a “buy” rating and a $351.00 price target on the stock.
• 1/17/2025 – MongoDB is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $344.00 price target on the stock.
• 1/16/2025 – MongoDB was upgraded by analysts at Cantor Fitzgerald to a “strong-buy” rating. They now have a $344.00 price target on the stock.

MongoDB Price Performance

MDB opened at $185.37 on Monday. The business has a fifty day simple moving average of $256.72 and a 200 day simple moving average of $272.55. MongoDB, Inc. has a 1 year low of $173.13 and a 1 year high of $387.19. The company has a market capitalization of $13.80 billion, a PE ratio of -67.65 and a beta of 1.30.

MongoDB (NASDAQ:MDB) last released its quarterly earnings results on Wednesday, March 5th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.45). The business had revenue of $548.40 million for the quarter, compared to the consensus estimate of $519.65 million. MongoDB had a negative return on equity of 12.22% and a negative net margin of 10.46%. During the same period in the prior year, the business posted $0.86 earnings per share. Equities analysts anticipate that MongoDB, Inc. will post -1.78 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Cedric Pech sold 287 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $234.09, for a total value of $67,183.83. Following the completion of the transaction, the insider now directly owns 24,390 shares in the company, valued at approximately $5,709,455.10. This represents a 1.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dwight A. Merriman sold 885 shares of MongoDB stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $292.05, for a total transaction of $258,464.25. Following the transaction, the director now owns 83,845 shares in the company, valued at approximately $24,486,932.25. This trade represents a 1.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 44,314 shares of company stock worth $11,642,583 in the last 90 days. Company insiders own 3.60% of the company’s stock.

Institutional Trading of MongoDB

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MDB. B.O.S.S. Retirement Advisors LLC acquired a new stake in MongoDB during the 4th quarter worth about $606,000. Geode Capital Management LLC lifted its position in MongoDB by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,230,036 shares of the company’s stock valued at $331,776,000 after acquiring an additional 34,814 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in MongoDB during the 3rd quarter valued at about $4,366,000. Charles Schwab Investment Management Inc. increased its holdings in MongoDB by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 278,419 shares of the company’s stock worth $75,271,000 after purchasing an additional 7,575 shares in the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of MongoDB in the fourth quarter worth approximately $3,515,000. Institutional investors and hedge funds own 89.29% of the company’s stock.

MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.